attack ads like this one secretary of defense chuck hagel president obama says he supports sanctions on iran he voted against legal voted against labeling iran's revolutionary guard a terrorist group and while president obama says all options are on the table for preventing a nuclear iran eagle says military action is not a viable reasonable responsible option president obama or secretary of defense chuck hagel is not responsible option. that ad was sponsored by the emergency committee for israel so what that truck a will do to deserve that as a u.s. senator chuck hagel has been critical of israel's policies he's been critical of the israeli lobby in washington here's what he said the political reality is that the jewish lobby intimidates a lot of people up here i've always argued against some of the dumb things they do because i don't think it's in the interest of israel i just don't think it's smart for israel and of quote among other things chuck hagel there to say that u.s.

interests should trump israeli interests if they conflict he supported direct negotiations with iran and unlike many other politicians here in washington who keep repeating the all options on the table mantra but these publicly they say that chuck hagel has been straightforward in saying a strike on iran should not be an option and he has also been a proponent of a more even handed u.s. policy with regards to these really palestinian conflict and the u.s. has been anything but even handed on the issue it's also for statements like this one that he has been under attack take a look this is chuck hagel in two thousand and six the united states will remain committed to defending israel our relationship with israel is a special and historic. but it need not and cannot be at the expense of our arab and muslim relationships. that is an irresponsible and dangerous fault george some saw president obama's decision to nominate chuck hagel

as his message to these really hard liners we actually heard president obama say there is too much war talk going on and maybe nominating chuck hagel is his way of bringing down the tension and not much not everybody here in washington likes that message but what's interesting since the beginning of the attack campaign against chuck hagel over these two months or so many of the attackers have sort of withdrawn their objections over charcoals domination some say could be because they received assurances behind closed doors that as defense secretary chuck hagel is not going to make any drastic moves to really challenge washington's foreign policy orthodoxies. for a deeper insight into the story i'm joined live by an analyst for antiwar dot com kelly of flaws. hagel has been criticized for being anti israel is the shielding himself from the accusation by saying he's ready to act on iran or or say something

more behind it. i think if you're referring to his words today i think we have to keep in mind that he is his main goals today was to appeal to this group of senators and i think when it comes to israel he has he's in a position right now where he is he has to present himself as someone who is supporting the current white house policy and issues israel so he had to be very careful about how he was saying and what he was saying and he knew that the senators were coming for war for him today on on israel and his past statements i don't think what you saw today was any go ahead please if you can finish off. i was going to say maybe believe it or hate it i don't think it. i was going to say maybe say that hey go is not a nation could mean that the white house is not in favor of militaristic policies so much more any more does his statement on iran to prove them wrong. oh i

see what you're saying on iran and i think this is what i got from it what i what i think is that we have been reading too much into what the white house policy on iran going forward may be and i think that we have yet to know what obama is is planning for one and i think chuck hagel has more recent statements including the one hundred twelve page set of answers he gave to the committee's questions that was released yesterday. it leaves the door open it leaves the door open to continuing tough sanctions but also the use of force so i don't think we should read too much into his selection of chuck hagel the man who did show some skeptical skepticism about iran and using military force in iran of the past i think that

that door is still open and i think we should keep that in mind let's speak a little bit about afghanistan will haydel be able to read this drawn out military campaign. i don't know if he will be ramping it up again from what i've read in his one hundred twelve page answers to the committee questions as well as his answers to the committee today i think that he is being very careful and what he's saying right now and right now his. his position is that of the white house that we have a two thousand and fourteen drawdown and that we are going to ramp up the training of afghan troops but i do not see or sense that he may try to throttle that forward or accelerate that in any way at this time everything that he said today and wrote

in his answers was perfectly in line with white house policy i did not see him deviating from that or hinting that that policy should change anytime soon hayden was also known as among among his supporters of the so-called global zero movement which stands for complete elimination of nuclear weapons under the worldwide regime of inspections do you think this might be used as an excuse for new interventions just i'm not sure about that i really haven't thought too much in that realm at this point i think that there was a considerable effort to draw him out on that issue today during the hearings but i don't think that there was any new news broken or any anything that we could take away from it in the way of of new interventions you know kelli a lot of my perspective we're going to have to leave it right there thank you very much for your time here on t.v. sharing your views on the subject ok thank you right i'll be back with more news in

about ten minutes kate is here with all the latest in business after this short break. you know i can kind of sort of understand the mindset of an evil dictator i have trouble understanding what is going on or maybe not going on in the minds of the terrified cogs who believe all the propaganda give up all their rights for the losing of safety to coach jerry seinfeld who are these people well maybe some of them maybe working at your local school bring to a garage at a pennsylvania school suspended a kindergartner note kindergartner as a terrorist threat because she threatened to shoot another student with a gun that shoots soap bubbles i guess this was all a mix up because the girl she wanted to shoot didn't understand that it was in reference to bubbles and not bullets children in kindergarten can often

misunderstand things but the administration of the school seems to be no smarter than six year olds immediately going into total panic mode guess what this is hardly the first time that something like this has happened remember the kid who pointed a piece of chicken at a teacher and said bang the thing is that the real terrorism of the event is that the mental sleeves of fear propaganda that work at these schools are raising a generation of children to be just like the somebody shoot me with a bubble gun that's just my opinion. that welcome to business i'm casey thank you very much indeed for joining me now

there is any cell in the wild current seawall central banks are softening that getting a room. close in their attempts to devalue their currencies in order to fight off competition from rival economists so far who looks set to be victorious and who is in the firing my well earlier i spoke to mike ingram from b g c brokers and i asked him exactly that. the party that's definitely on the offensive now or some of the big central banks united states absolutely the bank of england has been there and now we're starting to see the bank of japan waiting in you know potentially with massive intervention to to weaken the yen on the on the flip side of the people who are likely to be the losers i would have to say generally the emerging market economies and also poor old euro zone with the e.c.b. largely are they able to participate in monetary expansion and let's pick up on

that now with the you're right because it is going in the opposite direction is strengthening how much of a disadvantage is that. well it's a it's a massive problem for the year is in a million euro zone is already in recession the latest data that we've had is that . surprising that on the upside countries like spain are really really struggling and you know it's not as if europe has an inflation problem this is only going to. increase deflationary forces it's going to slow down. growth it's going to slow down investment so yeah the euro zone's really going to get beaten up badly by this this currency and let's talk about the emerging market currencies that you mentioned that how do they fit into this well what happens to they have to fight and what about the russian ruble what what's that role. well their options actually

tend to be relatively limited because they would effectively meaning for instance they would have to be. buying relatively low yielding dollars or yen against their own relatively high yielding currency so the financial cost would actually be quite high so what we'll probably end up seeing is some form of currency good troll packing such as we've already seen in russia is obviously got something of a peg there itself but also. currency control which was ill for instance in korea. and let's talk about the currency war and that still concept of it all how much correct me if i'm wrong does it actually damage global growth then surely there must be other ways cease to stagnate economy. that's an excellent question i mean. in theory if everybody. then the net effect on currency is

a bilateral right so i want to gauge the other might actually not be that much at all. you know in our group even if a lot of monetary stimulus that would you know push investors into risk assets and it would in theory i was stimulating effect on the global economy of course in practice what is likely to happen nothing is going to be coordinated everybody will try to seek some sort of everyone else there are some you know central banks some authority is like the e.c.b. as you mentioned earlier which basically aren't able to engage in this kind of quantitative easing so what would happen you'd see for currency volatility business investment doesn't like to see that at all so what that would mean is probably a repeat of what we saw in the nine hundred thirty s. and it would it would negatively impact on global economic growth and just to conclude now as we are talking about a war today you see as the most victorious in all of this if you could name an

economy a currency right now that is winning who would it pay. well on current form it seems to. us because you know despite the rather bad fourth quarter g.d.p. numbers released yesterday it is one of the few large economies that seems of its way back out of the economic abyss. i guess we are reaching the final chapter in the story and if all else. you can be fairly sure that it's from the market suddenly takes fright and everybody party to u.s. treasuries which will lower long term interest rates in the u.s. anyway so it's seems to be a question a case of us are ok today we're going to have trails everybody else moves. or we're on the topic of current system let's check out the russian ruble and as you can see it managed to gain against the u.s. dollar but lost out to the common can't say we'll stay with russia and see what the

equity markets did and it was gains that she's so good a quarter percent of the r.t.s. and the mice it's very much helped along by the price in or that she continues going north giving a bit of support to the moscow markets. meanwhile europe it's a completely different color spectrum you can see it was declines are london's suffering a second day of decline in a row actually the boss is still on track to see a third best january on record though since it came into inception although investors though keeping an eye on the fiscal cliff situation this week lots going on in terms of u.s. data which check out the u.s. markets and falling deeper now as you can see we've actually got some gave there but it's pretty flat all round to be fair is today as i say we've got a flat performance there the nasdaq three basis points for the dow jones is around a tenth of a cent up in positive territory but the best yearly starts for the u.s. stocks since one thousand nine hundred eighty nine. moving on then

germany's comic of volkswagen will stop the conveyors for four days next month because of a lack of demand in europe fund is predicted to be a gloomy year for many european or asian manufacturers however the russian car market had grown ten percent last year but experts say we have seen the last of the industry growth for years to come i see on a political over she reports for us. in europe for the last to close down three factories me thought in russia cuts working week to four days old pill satisfactory in europe's biggest markets germany general motors called the situation on the right here come up with catastrophic rushes one of the most dynamic all to markets in the world off to japan and the us and it's the second biggest in europe formula one tire maker. has invested over two hundred million euros in two

factories in russia the company is managing director market and kate's explains why russia has become one of their strategic markets then makes we've changed to be more and more a capacity of a better because of the premium segment. we'll reach a certain level but the premier only continue to grow you know britney's also plays where we produce for the export mostly for an alternate route of we have a distribution channel it's quite strong and so russia today at the platform up from where we are in the exports to satirise one in four russians owns a car compared to one in two people in western europe russia is growing g.d.p. and stronger ruble help support the industry the head of state corp ross tech said again as of says russia's w t o membership will also give a boost to the sector which adds that kills vista but we hope that our car market

will be growing not only on domestic production but also on imports since we entered the w t o market is open and they can ship as many cars as they like this. pricewaterhouse coopers says that in several years the country may become the biggest european car market and even overtake japan and will peak in ten years at nearly four million annual car sales but also a modus three percent growth rate. of business are to central russia. and it seems germans are losing their taste a bit consumption for the national beverage reaches its lowest level since the country united back in one nine hundred ninety but why is the burning question what one of the main reasons is an aging population which means the core big drinking age group is declining and another reason is that in the past germans would not think twice about having a beer for breakfast but in these days it's seen as well is frowned upon pretty

much nothing more with the best of press as now we have lots more coming up here on r.t.c. stay with us for the nice about tomorrow with more business. secret laboratory to mccurry was able to build most sophisticated robots which will unfortunately doesn't give a darn about anything tim's mission to teach creation why it should care about humans and worry that this is why you should care only on the dog.

choose your language. choose the the consensus to. choose the opinions that you think are a couple. choose the stories that in your life choose access to. well the british study done. time to time let's go back. to. market why not. find out what's really happening to the global economy with mike stronger the no holds barred look at the global financial headlines tune

into cars a report on our. mission free. free. free. free. free. free. old free blog video for your media project free media john darche dot com. here back with me to be on with a halo on our team is a news desk formal and that mrs added news the u.n. human rights council has released a report saying israel must move all settlers out of palestinian territories the paper says the settlements of violation of human rights to strain palestinian properties and crops and driving them off a land israel has refused to cooperate with the investigation calling the report biased and counterproductive human rights activists and blogger roy amal says

israel is damaging its own credibility. israel has been complaining for many years that it's being singled out by various un organs. the human rights council one of the things that it was formed to do was to have a more equitable process which has the same level of scrutiny for all you would members and although this report what did single out israel it's boycott of the human rights council is comprehensive it refuse to participate in a review process which every other un member attends everybody israel attended four years ago and that undermines not only israel's international position but the who human rights process in general four hundred million dollars in debt and ukraine has that russia will fold more like to pay a fine of all live how it managed to get so far into the ridge and hope it hopes to

get out of it. and the craving for coal the energy hungry china is burning as much of the black stout as the rest of the world combined with levels of aid for lucian in the country skyrocketing that's all online for you. britain's government has raised taxes twice as fast as cutting them according to a new report putting a damper on david cameron's pledge to create a lower tax country figures show almost three hundred u.g. hikes from the ruling coalition further complicating an already tory a system point a boy picks up the story. by the end of this parliament the u.k. public cuts to some one hundred and nineteen various taxes that all sounds great but for a government that's promised to create a lower tax country news that they've actually increased some two hundred ninety nine of the taxes might be somewhat confusing the brits assume going to see an

extra levy on carbon dioxide emissions that means energy bills are going to go up they're also going to see an increase in air passenger duty which means more expensive air travel and then some of the recent changes to u.k. tax law quite simply bizarre revenue and customs recently increased. for hairdressers renting a chair in a salon and then who can forget the recent. good scandal when u.k. tax code stated that it pasty would only be taxed if it was sold at above ambient temperatures critics say the system is simply too chaotic britain has one of the most complex. jobs increases. so the time when families are struggling with the rising cost of living. so many touching increases. difficult for them it's clear that the british government is in

desperate need of cash to deal with the dismal public finances which means that by trimming a little bit of tax here and adding more tax burden there by twenty fifteen the u.k. treasury hopes to get an extra eighty four billion pounds in tax compared with the year before they came to power but critics say that once again is the british public which ends up out of pocket. r.t. london. focus on how british authorities are handling the financial crisis and all they've tried to manipulate public perception of the issue. well korea's government is expected to block the russian finance construction of a new nuclear power plant this comes after a national referendum decided in favor of the project the vote however was

invalidated due to a low turnout bulgaria's allies in europe and the us here at the project would mean energy dependence on russia and p. room and not charo says the authorities did their best to bring the vote down.

now to some other international news in brief workers in athens have gone on a two day strike with hundreds of protesting against austerity measures that will make deep cuts to their pay five hundred medical stop chanting slogans in front of the health ministries doctors workers and public transport stop took part in the number of different demonstrations across the greek capital. egypt the top politicians have reportedly signed a document denouncing widespread violence as protests across the country the agreement came at a meeting attended by leaders all the muslim brotherhood and the heads of liberal and secular opposition movements it was called as president morsi cut short his trip to germany over the ongoing unrest at home without securing any backing from violin. and that's all for now i'll be back in just a few minutes and stay with us here on our team.

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